EU: Bank of Portugal’s Macro-Prudential Measures Reduce Market Risk

27 September 2019 – The European Systemic Risk Board (ESRB) has released an assessment of the risks facing residential real estate markets in the European Union, Iceland and Norway. The report listed five countries facing elevated risks: Denmark, the Netherlands, Luxembourg, Norway and Sweden. The ESRB considers Portugal to be medium-risk, but noted that the Portuguese centrals bank’s macro-prudential measures are thought to be sufficient “to mitigate the identified risks.”

Original Story: Jornal de Negócios – Sara Antunes

Adaptation/Translation: Richard D. K. Turner